Eni SpA (ADR) (E) is Downgraded by Societe Generale to Hold

Eni SpA (ADR) (E) was Downgraded by Societe Generale to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Societe Generale advised their investors in a research report released on May 2, 2016.

Many Wall Street Analysts have commented on Eni SpA (ADR). Eni SpA (ADR) was Upgraded by RBC Capital Mkts to ” Outperform” on Mar 21, 2016. Eni SpA (ADR) was Upgraded by Citigroup to ” Buy” on Feb 29, 2016.

Eni SpA (ADR) opened for trading at $32.31 and hit $32.61 on the upside on Wednesday, eventually ending the session at $32.49, with a gain of 1.03% or 0.33 points. The heightened volatility saw the trading volume jump to 2,76,872 shares. Company has a market cap of $59,037 M.

Eni SpA (Eni) is engaged in oil and gas exploration development and production marketing of gas electricity and liquefied natural gas (LNG) power generation refining and marketing of petroleum products production and marketing of petrochemical products commodity trading and oilfield services and engineering industries. The Company’s operating segments includes Exploration & Production which engages in oil and natural gas exploration and field development and production; Gas & Power which engages in supply trading and marketing of gas and electricity international gas transport activities and LNG supply and marketing; Refining & Marketing which engages in crude oil supply and refining and marketing of petroleum products; Chemicals activities include production of olefins and aromatics basic intermediate products polyethylene and elastomers and Engineering & Construction which engages in oilfield services construction and engineering activities.

Eni SpA (ADR)

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